CONTRACTOR’S ABHIYAAN TO REMAIN ATMANIRBHAR
The COVID 19 pandemic has changed the way we live and conduct business.
Impact of COVID-19 on Registration of Documents
This is the longest curfew that our generation has faced! Very few who witnessed the second World War are with us today to share the stories of the trying times of those days. For our generation, the pandemic COVID-19 is nothing short of a world war. It has not only taken human lives but has …
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INDIA RESTRICTS FOREIGN INVESTMENTS FROM CHINA
Introduction Hitherto, foreign direct investment into India from Pakistan and Bangladesh was given differential treatment and made subject to government approval. However, as a direct fallout of weakening economy and freefalling stock markets, and with a view ‘to curb opportunistic takeovers or acquisitions of Indian companies on account of the outbreak of COVID-19’, the Department …
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USING THE LATEST TECHNOLOGIES TO USE AUTOMATION SYSTEMS TO FACILITATE OUR JUDICIAL PROCESSES
By Anand Desai, Managing Partner, DSK Legal and Hanuman Tripathi, Chairman, Hashtasy Digital, and Council Member, NASSCOM COVID-19 is a catalyst for rethinking various aspects of our lives, including the functioning of the judiciary, being one of the pillars under our Constitution. As a long-term strategy, can physical attendance in our Court / Tribunal …
COVID 19: Force Majeure provisions in PPP Concessions – Non-political and Indirect Political Events
Due to the global lockdowns and restrictions imposed to prevent the spread of the COVID 19 pandemic, it is quite possible that the force majeure clauses in the concession agreements of various Public Private Partnership projects will be triggered. It is, therefore, advisable that the parties to the PPP projects be aware of, and analyse, …
COVID-19 – CLOSURE OF FACILITIES AND ESTABLISHMENTS IN INDIA
In light of the Hon’ble Prime Minister’s announcement on March 24, 2020 declaring a lock-down in India for 21 (twenty-one) days that emanated from the unfortunate COVID-19 epidemic, the relevant department of the Central Government has issued an order, inter alia, directing the closure of manufacturing facilities, shops and other establishments and prohibiting the provision …
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COVID:19: Impact on the Financing Agreements
The COVID-19 pandemic and the consequent lock-down has impacted the business of all non-essential services and supplies and has disrupted collection and flow of revenues for such businesses. This impact has primarily been on account of the effect on global supply chains, foreign travel and inland transportation of goods and movement of people, especially for …
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Moratorium relaxations extended by RBI in view of COVID-19
Introduction The Reserve Bank of India (RBI), with a view to soften the COVID-19 blow on the industry, has recently introduced a slew of measures to maintain the liquidity levels for the lending institutions and the borrowers.
IMPLICATIONS OF COVID-19 ON LISTED COMPANIES IN INDIA
On March 11, 2020, the World Health Organization characterized COVID-19 as a pandemic with an observation that governments, industries and individuals should continue to implement comprehensive strategies and measures to prevent infections, save lives and minimize impact. The crippling effects of COVID-19 are causing massive business interruptions across the globe/industries.
PREFERENTIAL TRANSACTIONS AND NATURE OF DEBT UNDER A MORTGAGE SECURING OBLIGATIONS OF A THIRD PARTY
In the case of Anuj Jain Interim Resolution Professional for Jaypee Infratech Limited v. Axis Bank Limited Etc., the Supreme Court had occasion to examine (i) certain provisions relating to preferential, fraudulent and undervalued transactions contained in the Insolvency and Bankruptcy Code, 2016 (‘IBC’) and (ii) the issue pertaining to existence of a financial debt …